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Myriad retains rights to cardiovascular gene tests under $60 mil. deal with Ciba-Geigy.

This article was originally published in The Gray Sheet

Executive Summary

CIBA-GEIGY's $60 MIL. AGREEMENT WITH MYRIAD GENETICS for cardiovascular gene discovery involves $32 mil. in equity and research funding in the Salt Lake City molecular genetics firm. The equity represents less than a 10% interest in Myriad.

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